QUIZ ON : tally-prime - TAXATION

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What is the significance of the Reverse Charge mechanism in Tally Prime?

A. To reverse financial transactions

B. To manage inventory

C. To calculate taxes

D. To reverse ledger entries

In Tally Prime, what does the term GST stand for?

A. General Sales Tax

B. Goods and Services Tax

C. General Stock Transfer

D. Gross Sales Transaction